English
Specials
    Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessStocksSuzlon Energy moves up smartly

    Suzlon Energy moves up smartly

    REpOwer shares has been suspended from trade. Suzlon Energy, which holds majority stake in REPower was up 3.35% or Rs 1.70 quoting at Rs 52.45 after the news that REPower will squeeze out shareholders.

    July 21, 2011 / 15:38 IST
       
       
      26 Aug, 2025 12:21
      Volume
      Todays L/H
      More

      REpOwer shares has been suspended from trade. Suzlon Energy, which holds majority stake in REPower was up 3.35% or Rs 1.70 quoting at Rs 52.45 after the news that REPower will squeeze out shareholders.


      REPOwer said Suzlon will have to pay Euro 142.77/share to squeeze out shareholders. The company said Squeeze Out resolution will be passed in its September 21 AGM.


      Suzlon Energy touched an intraday high of Rs 53.30 and an intraday low of Rs 50.25. It was trading with volumes of 5,110,233 shares.

      Time to buy Suzlon Energy? Sure, say analysts?

      first published: Jul 21, 2011 03:23 pm

      Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

      Subscribe to Tech Newsletters

      • On Saturdays

        Find the best of Al News in one place, specially curated for you every weekend.

      • Daily-Weekdays

        Stay on top of the latest tech trends and biggest startup news.

      Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347